they planned raise at 4 cents and then it didn't go ahead and now they raised at 1 cent with a lot options - all for institutional investors and sophisticated ones to make quick profit .
if the management could convince the institutions that the prospects are so good - there would have been strong interest and the company could raise at higher price - didn't happen .
Heavy dilution to existing holders and now it is pumping to attract poor mums and dads so that the institutions and sophisticated ones can offload .
how would they offload 350 million shares without a pump ? they can't do it without a big pump which is currently happening .
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DCF valuation $0.08, page-307
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Last
6.9¢ |
Change
0.001(1.47%) |
Mkt cap ! $16.11M |
Open | High | Low | Value | Volume |
6.7¢ | 6.9¢ | 5.9¢ | $26.86K | 416.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 6.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 45235 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.064 |
2 | 175000 | 0.060 |
2 | 21930 | 0.059 |
1 | 300000 | 0.058 |
1 | 16000 | 0.057 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 45235 | 3 |
0.071 | 113000 | 2 |
0.073 | 55506 | 2 |
0.074 | 50000 | 1 |
0.075 | 33333 | 1 |
Last trade - 14.51pm 19/11/2024 (20 minute delay) ? |
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DXN (ASX) Chart |